Fundall relaunches to drive various opportunities in Nigerian fintech space
Fundall, an end-to-end full-stack digital bank committed to promoting financial inclusion and literacy, and a member of the Emerging Africa Group, has relaunched to drive various opportunities in the Nigerian fintech space.
According to the company, it will achieve this by providing Africans with financial tools to make intelligent financial decisions.
“Following the acquisition of Emerging Africa Group, we have had time to scale in terms of our workforce, technology and resources. A forward-looking organization like ours will continue to give strategic importance to the lucky people at Fundall.
“After the acquisition, it was clear that we could not limit ourselves to one revenue stream, which is why we now have multiple revenue channels. We have Fundall retail and we also have the Fundall business, and with this we can ensure sustainability and diversification, said Abimbola Shopeju, CEO of Fundall.
In an effort to help users manage their money better, build better financial habits, grow personal wealth, save more, reach financial goals, create automated savings funds and earn dollars, the company says it has built an app equipped with cash flow analysis , as well as a budget planner.
“The portfolio credit and the fund me loan that we have available on the app will give users the opportunity to get perhaps against savings that they have unlocked. For employees, the salary advance discrepancy is also something for you,” Shopeju said.
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Other features include paying bills, facilitating lifestyles, being rewarded with bonuses for completed transactions and earning badges. With all of these, the company wants to have a minimum of 80 percent of its customers and base generate revenue.
Speaking on the contributions of technology and digitization, Onikepo Akande, Chairman, Emerging Africa Group, stated that Fundall’s products and services are designed and developed in such a way that they speak to each generation in the life cycle.
“Any customer market-focused business knows that being agile and predictive of consumer needs, as well as creating customer-centric solutions that speak to their needs, becomes a game changer in terms of taking initiative and generating revenue.”
According to Bill Gates, founder of Microsoft, your most dissatisfied customer is your greatest source of learning. The group leader further stated that “at Fundall we are constantly improving, learning and prioritizing our customers. We strongly believe that customer centricity is the culture of putting the customer at the center of everything we do.”